Micro-Mechanics - The price has been corrected near the support level of about 1.43. At 1.45 yield is about 4.1 percent as dividend has been slashed from 9 cents to 6 cents. I think we may see a rebound from the current price level!
Pls dyodd.
Micro-Mechanics designs, manufactures and markets high precision parts and tools used in process-critical applications for the semiconductor and other high technology industries.
The Group’s strategy is to relentlessly pursue product and operational improvements while providing fast, effective and local support to its customers worldwide.
In addition to designing and manufacturing a market-leading range of consumable tools and parts used in the assembly and testing of semiconductors, the Group also engages in the contract manufacturing of precision parts and tools used in process-critical applications for the semiconductor wafer-fabrication and other high-technology industries
Micro-Mechanics became a public corporation and listed on the SGX-Sesdaq in Singapore in Jun 2003. On 22 July 2008, the listing and quotation of its shares was upgraded to the SGX Mainboard. Since its listing, the Group has received multiple awards in recognition of its high standards of corporate governance, quality of disclosure, transparency and investor relations.
You may take a look at the company past dividend paid out for your reference.
https://sporeshare.blogspot.com/2024/04/micro-mechanics-price-has-been.html
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- qwertd·04-15Good that you've shared the low-down on their business and financials.LikeReport
- wigglyz·04-15Eh, this Micro-Mechanics company got quite interesting info lah!LikeReport